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Section 179 Expense Deduction for Salaried Income with my job and a LLC
I work a salary job for a company, but I also have an LLC. My LLC only provides consultation services where I travel by car a lot. I wanted to know if there's any way I can use my salaried income towards my LLC. I want to take advantage of the business Section 179 100% deductible, but from what I understand, Section 179 deduction cannot exceed your annual net taxable income. So I'm hoping there's a way to use my salary income towards my business income. Any insight is appreciated!
